| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $23M | $30M | -47.6% | -60.6% |
| Op. Income | -$2M | $8M | $15M | -127.3% | -114.5% |
| Gross Margin | -5.2% | 43.4% | 57.2% | -48.6pp | -62.4pp |
| Net Margin | -18.7% | 36.0% | 50.9% | -54.7pp | -69.6pp |
| EPS (Diluted) | $-0.04 | $0.14 | $0.27 | -127.7% | -114.4% |
| Free Cash Flow | $66M | $18M | $59M | 257.8% | 12.3% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $12M |
| GROSS PROFIT | -$614.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $325.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$2M |
| Interest Income | $47M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $0 |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | -$10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $88M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$61M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | -$541.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.8B |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$9M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $837M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$837M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $861M |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $945M |
| Minority Interest | $0 |
| TOTAL EQUITY | $945M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $837M |
| Net Debt | $827M |
